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Glossary > O > "Offshore finance subsidiary" Definition

Offshore finance subsidiary

A wholly owned affiliate incorporated overseas, usually in a tax haven country, whose function is to issue securities abroad for use in either the parents domestic or foreign business.

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Offshore finance subsidiary - A wholly owned affiliate incorporated overseas, usually in a tax haven country, whose function is to issue securities abroad for use in either the parents domestic or foreign business.

Offshore finance subsidiary : a wholly owned affiliate incorporated overseas, usually in a tax haven country, whose function is to issue securities abroad for use in either the parents domestic or foreign business.